109-113 INKERMAN STREET, St. Thomas
109-113 INKERMAN STREET, St. Thomas, ON N5P3G4
$2.5M total
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Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
84%
Lot Size
5.45 ac
About this property
Attention Developers and Investors Welcome to 109-113 Inkerman St. St Thomas, this 5.45 acre parcel of land is designated for Residential use in the St. Thomas Official Plan zoned asHR7-5. The designation permits the full range of densities, subject to meeting the policies of the Plan. I have also attached a copy of the Residential policy section from the Official Plan for your information. The specific policies for the various densities are found in subsections 5.1.3.2 (low density), 5.1.3.3 (medium density) and 5.1.3.4 (high density). (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$99K
Annual cash flow
$-43K
Cash-on-cash
-5.59%
DSCR
0.70
Going-in cap
3.86%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
46,521
Households
21,494
Median income
$102,500
Median age
32.4
Daytime population
41,858
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 109-113 INKERMAN STREET, St. Thomas.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.